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Govt. to allocate more for mitigating floods from 2026 Budget
Daily FT
|October 23, 2025
CABINET Spokesman and Minister Dr. Nalinda Jayatissa has said a significant amount of funds will be allocated in the upcoming Budget to strengthen flood mitigation efforts.
He said the Cabinet has approved a proposal to continue the National Building Research Organisation's project to restore and maintain stabilised landslide-prone areas from 2026 to 2030.
The proposal, submitted by the President in his capacity as Defence Minister, seeks to ensure the long-term stability of 250 previously stabilised slopes, for which around Rs. 10 billion has been spent over the past decade.
Dr. Jayatissa said the project will focus on maintaining proper groundwater and surface water management systems to prevent the reactivation of stabilised landslide areas. Recommendations from the Department of National Planning have been received to proceed with the new phase.
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